What were the most successful e-wallets in 2020?

2020 was one of the most turbulent years in human history. The effects of the world grinding to a halt due to a global pandemic were varied and numerous. One of the most prominent influences that Covid had was all but ending in-person financial transactions during the spring. This led to a spike in internet shopping which in turn provided a boost for the eWallet industry.

If you want to learn more about the industry as a whole, EwalletVIP.com is a great source for Information on eWallets such as Neteller & Skrill, as well as boosting of VIP levels for new customers. However, in this article we will be reviewing the most successful eWallet brands of 2020.

PayPal

PayPal is an eWallet first, but it is also so much, as the company proved this year. As well as providing a go-to option for those shopping on eBay and other eCommerce sites, PayPal has also provided a lifeline for small businesses hit by the pandemic. More and more have turned to the brand this year to help manage their finances and accept electronic payments when in-person cash transactions were not possible. Additionally, their handy PayPal credit option has also witnessed an upsurge in use due to some people experiencing cash flow problems.

Skrill

It has not been quite as all-conquering as PayPal but Skrill has still enjoyed a strong 2020. The eWallet is a truly international service, allowing its users to make payments across the globe with only a handful of smaller countries not yet covered. This year, Skrill has been a popular choice for online casino users in particular. It is easy to see why as well. Skrill offers players instantaneous withdrawals and a very reasonable set of fees.

Neteller

Speaking of popular online casino payment options, Neteller has also had a strong year. Much like Skrill, the eWallet is accepted all around the world, servicing 103 countries in all. Its prevalence in the iGaming market is not the only reason for Neteller’s success in 2020 though. It is also one of the only eWallet brands which allows its users to directly trade cryptocurrency, which has become increasingly popular this year.

Ecopayz

Ecopayz is a favourite for freelancers, who get paid in a range of different currencies. In 2020, the pandemic has led to many more people having to pursue this type of work. Because of this, Ecopayz has witnessed a spike in its usership. The company celebrated its 20th year in existence recently and is bound to go from strength to strength in 2021.

Apple/Google Pay

Apple Pay — and its Android equivalent Google Pay — have both enjoyed strong years. Each service allows its users to save their bank accounts and credit cards to their phone, allowing for seamless eCommerce transactions. Each payment can be verified by a fingerprint, adding security and convenience to its users’ payments. Both services are being accepted by more and more outlets, which is great news for fans of safe and swift financial transfers.